Prescription drugs priced at $100 in 2012 $121.31 in 2022

Prescription Drugs Inflation Calculator


Prices for Prescription Drugs, 2012-2022 ($100)

According to the U.S. Bureau of Labor Statistics, prices for prescription drugs were 21.31% higher in 2022 versus 2012 (a $21.31 difference in value).

Between 2012 and 2022: Prescription drugs experienced an average inflation rate of 1.95% per year. In other words, prescription drugs costing $100 in the year 2012 would cost $121.31 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation for prescription drugs was lower.

In the year 2012: Pricing changed by 3.57%, which is above the average yearly change for prescription drugs during the 2012-2022 time period. Compared to inflation for all items in 2012 (2.07%), inflation for prescription drugs was higher.

Price Inflation for Prescription drugs since 1935

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1982 (11.68%), 1947 (11.51%), and 1981 (11.48%).

View price changes for other categories
Admission to sporting events · Dental services · Gasoline (all types) · Legal services · More

Buying power of $100.00 since 2012

Below are calculations of equivalent buying power for Prescription drugs, over time, for $100 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Prescription drugs:


Adjust prescription drugs prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2012 * 2012 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Prescription drugs was 440.149 in the year 2012 and 533.925 in 2022:

533.925 / 440.149 * $100 = $121.31

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 2012 has the same "purchasing power" as $121.31 in 2022 (in the CPI category of Prescription drugs).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Prescription drugs in 1935. In addition to prescription drugs, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.